Allspring Multi-Sector Income Fund (ERC)

NYSEAMERICAN: ERC · Real-Time Price · USD
9.28
+0.02 (0.22%)
Apr 17, 2026, 4:00 PM EDT - Market closed
Market Value260.34M
Revenue (ttm)28.95M -5.0%
Net Income27.08M -28.6%
EPS0.97 -28.6%
Shares Out 28.05M
PE Ratio9.61
Forward PEn/a
Dividend$0.87 (9.35%)
Ex-Dividend DateApr 10, 2026
Volume49,548
Open9.27
Previous Close9.26
Day's Range9.26 - 9.33
52-Week Range8.72 - 9.78
Beta0.58
Analystsn/a
Price Targetn/a
Earnings Daten/a

About ERC

Allspring Multi-Sector Income Fund is a closed-ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. The fund is co-managed by First International Advisors, Inc. and Wells Capital Management Incorporated. It invests in fixed income markets across the globe. The fund primarily invests in a mix of non-investment-grade corporate debt securities, including bank loan securities, foreign and emerging markets debt securities, adjustable and fixed-rate mortgages, and investment-grade corporate bonds. Allspring Multi-... [Read more]

Founded 2003
Country United States
Stock Exchange NYSEAMERICAN
Ticker Symbol ERC
Full Company Profile

Financial Performance

In fiscal year 2025, ERC's revenue was $28.95 million, a decrease of -4.99% compared to the previous year's $30.47 million. Earnings were $27.08 million, a decrease of -28.64%.

Financial Statements

News

Allspring Closed-End Funds Declare Monthly Distributions

CHARLOTTE, N.C., March 27, 2026 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities a...

Other symbols: EADERH
23 days ago - PRNewsWire

Allspring Closed-End Funds Declare Monthly and Quarterly Distributions

CHARLOTTE, N.C., Feb. 24, 2026 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and Hi...

Other symbols: EADEODERH
7 weeks ago - PRNewsWire

Closed-end funds advised by Allspring Funds Management renew share repurchase programs

CHARLOTTE, N.C. , Nov. 13, 2025 /PRNewswire/ -- The following four Allspring closed-end funds announced today that they will renew their open-market share repurchase programs: Allspring Global Dividen...

Other symbols: EADEODERH
5 months ago - PRNewsWire

Allspring Closed-End Funds Declare Monthly and Quarterly Distributions; Allspring Funds Board of Trustees Announces New Trustees

CHARLOTTE, N.C. , Nov. 12, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and H...

Other symbols: EADEODERH
5 months ago - PRNewsWire

Allspring Closed-End Funds Announce Changes to their Portfolio Management Teams

CHARLOTTE, N.C. , Oct. 8, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE America: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and Hig...

Other symbols: EODERH
6 months ago - PRNewsWire

Allspring Closed-End Funds Declare Monthly Distributions and Announce a Portfolio Manager Change

CHARLOTTE, N.C. , July 25, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities a...

Other symbols: EADERH
9 months ago - PRNewsWire

Allspring Announces Change to Multi-Sector Income Fund Portfolio Management Team

CHARLOTTE, N.C. , Oct. 29, 2024 /PRNewswire/ -- Effective today, Adam Hicks will be added as a portfolio manager on the Allspring Multi-Sector Income Fund (NYSE American: ERC) at Allspring Global Inve...

1 year ago - PRNewsWire

Allspring Closed-End Funds Declare Monthly and Quarterly Distributions; Portfolio Manager Change on the Utilities and High Income Fund

CHARLOTTE, N.C. , May 30, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and Hi...

Other symbols: EADEODERH
2 years ago - PRNewsWire

Allspring Closed-End Funds Declare Monthly and Quarterly Distributions; Allspring Announces Change to Investment Strategy Guidelines for two Closed-End Funds

CHARLOTTE, N.C. , Feb. 22, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and H...

Other symbols: EADEODERH
2 years ago - PRNewsWire

Allspring Closed-End Funds Adopt Amended and Restated By-Laws

CHARLOTTE, N.C. , Dec. 21, 2023 /PRNewswire/ -- The following Allspring closed-end funds announced today that the Board of Trustees for each Fund has approved the adoption of their respective Amended ...

Other symbols: EADEODERH
2 years ago - PRNewsWire

Allspring Multi-Sector Income Fund Announces Change to Managed Distribution Plan

CHARLOTTE, N.C. , Aug. 17, 2022 /PRNewswire/ -- The Allspring Multi-Sector Income Fund (NYSE American: ERC), a closed-end fund, announced today that the fund's Board of Trustees has approved a change ...

3 years ago - PRNewsWire

Ride Out The Crash With These 11.8% Dividends

I know this inflation-panicked market is frustrating, but despite the endless doomsaying from the pundits, there is good news.

Other symbols: RAUSA
4 years ago - Forbes

Allspring Announces Change to the Allspring Multi-Sector Income Fund Portfolio Management Team

CHARLOTTE, N.C., Feb. 22, 2022 /PRNewswire/ -- Allspring Global Investments announced today that Peter Wilson will retire from the firm.

4 years ago - PRNewsWire

Wells Fargo Closed-End Funds Declare Monthly and Quarterly Distributions

CHARLOTTE, N.C., Nov. 12, 2021 /PRNewswire/ -- The Wells Fargo Income Opportunities Fund (NYSE American: EAD), the Wells Fargo Multi-Sector Income Fund (NYSE American: ERC), the Wells Fargo Utilities ...

Other symbols: EADEODERH
4 years ago - PRNewsWire

Results of Special Shareholder Meetings of Wells Fargo Closed-End Funds

SAN FRANCISCO--(BUSINESS WIRE)--In connection with the proposed sale by Wells Fargo & Company of Wells Fargo Asset Management (WFAM) to a holding company affiliated with private funds of GTCR LLC and ...

Other symbols: EADEODERH
5 years ago - Business Wire

Wells Fargo Closed-End Funds Announce Change of Date of Special Meeting of Shareholders

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Asset Management (WFAM) today announced that the Wells Fargo Income Opportunities Fund (NYSE American: EAD), Wells Fargo Multi-Sector Income Fund (NYSE Amer...

Other symbols: EADEODERH
5 years ago - Business Wire

Wells Fargo Closed-End Funds Announce Board Approval of New Investment Advisory and Sub-Advisory Agreements

SAN FRANCISCO--(BUSINESS WIRE)--Each fund listed below has announced that its Board of Trustees has approved a new investment advisory agreement and new sub-advisory agreement(s), and has announced re...

Other symbols: EADEODERH
5 years ago - Business Wire